Paragon E-Company
The Intercompany Matching Solution
Paragon E-company supports your Fast Close and/or SOX initiative by providing a real time, web based intercompany solution that integrates to any reporting solution. It's features are unique and the intercompany matching process is no longer a manually intensive and time consuming month end process. As well as real time interaction enabling business unit collaboration, a user can drill down to intercompany transaction detail and be notified by email where discrepancies lie within your defined materiality limits.
Typical Intercompany Issues
Inefficient processes – these are often manual and time consuming
Lack of transparency – it is often impossible to see the whole intercompany picture
Lack of alert notifications as the numbers change throughout the month end cycle
Inflexible intercompany matching reports which can be difficult to interpret
Lack of transaction level detail.
Paragon E-Company key benefits
Transparency
Business Units are able to see both sides of the intercompany problem
Business units are able to see all transactions posted against them and by whom
Transaction level detail provides a more detailed picture of the intercompany problem
Improved Reporting
Standard and custom inter-company matching reports deliver automatically high quality timely information to the relevant parties
Automatic distribution of custom matching reports based on specific parameters and tolerances
Reports are fully customisable to meet the organisation’s requirements
Improved Communication
Paragon E-Company delivers end user responsibility by providing immediate variance notification and visibility via e-mail and the web
Automatic alert notification of counter-parties transactions via e-mail
Real time web access to balances
Contact information is readily available on the reports
Ability to capture and show commentary on each balance
Paragon E-Company key features
Paragon E-Company integrates seamlessly with Hyperion Enterprise and Hyperion Financial Management
It has a rich reporting functionality to satisfy the most demanding of requirements with built-in export to PDF and Microsoft Excel
It allows users to view all their intercompany data and provides an easy and quick way of opening up communication
Please follow the Downloads link to receive more information about our Paragon E-Company solution.
